Gensci Regeneration Sciences Inc. (GNS) Message Board

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Gold/Mining/Energy : Gensci Regeneration Sciences Inc. (GNS)

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To: Jose Kranz who wrote (175)	5/30/1999 9:10:00 PM
From: Edward W. Richmond	Read Replies (1) of 225

Jose, I don't claim to know a whole lot about where this stock is going. I do know that I will not be a buyer until they really get their costs under control. There was some improvement in the last quarterly report, but we have a long way to go. Yes, revenues are ramping up, BUT it is possible to "buy sales". That is, sell at a price that leaves very little or no profit margin. I'm not saying that this is the situation with GNS. However, I believe that any RESPECTED analyst would shy away from a stock that has our General Sales and Administration expenses. I don't expect any significant stock price appreciation unless we see a major reduction in expenses in the next quarterly report. Honestly, I'm not holding my breath. I'd love to be proven wrong. I would start selling into any significant strength. Regards, Ed

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